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I hope your not, but I don't think we can tell until the presidential election. Polling data gives an idea but it's up and down - I think it just fell below 40%.
It may not matter. I heard a ham radio guy from Texas talking yesterday, during the elections. He said at the voting spots the republicans were coming in and out all day. The democrats, however, were lined up out the door and around the corner all day. That isn't some biased news report from a reporter, that is from a Texas citizen who observed it first hand. I checked, and sure enough the democrat turnout set a record.
I think even if Trump retains his entire base of supporters it won't hold up under the record onslaught of democrat voters that will be turning out for the election.
So, on the one hand, a mainly idle aluminum plant in Kentucky will add 300 new jobs (very good).
However, the Kentucky bourbon industry has 15,000 to 17,000 employers in the state, with some worried that if the EU imposes a tariff on bourbon, it will hurt that industry:
Trump is using this to get a better trade deal with mexico and canada. He's 2 steps ahead of the liberal media. They'll never catch up, they aren't smart enough to figure it out.
Trump is using this to get a better trade deal with mexico and canada. He's 2 steps ahead of the liberal media. They'll never catch up, they aren't smart enough to figure it out.
He seems to be two steps ahead of his own base who will blindly follow him off a cliff.
And most of those jobs will probably be high-tech jobs related to the automated production of the aluminum. I doubt that unemployed coal miners will be filling those jobs.
Bourbon and motorcycles were targeted because they hurt McConnell (KY) and Ryan (WI).
Note the lack of leftist outrage when foreign nations (EU) attempt to interfere with our political process.
I certainly do not discount the real possibility that Bourbon and HD's were chosen for that exact reason. I disagree with the assertion that this is 'interfering' with our political process. It seems a stretch.
While 'bourbon, HD's and Levi jeans' were the headlines, the EU has also been cited as pondering punitive tariffs against imported bed linens, chewing tobacco, cranberries and orange juice:
Chewing tobacco? Looking it up on Wikipedia (not a great source), it seems the largest producer of such (U.S. Smokeless Tobacco Company) is headquartered in Virginia, with factories in Kentucky (!) Tennessee and Illinois.
Frankly, I doubt that many in Europe indulge in chewing tobacco.
Orange juice I can understand. It appears that only small parts of Europe has orange groves. However, I believe, from my quick reading, that they import most of their oranges from Brazil, which dwarfs even USA production.
It appears that the EU is trying to not escalate any pending tariff war.
The goal is clamping down on unfair steel trade primarily from China. Hopefully any pain will be short term.
The problem is they should have done a tariff, immediately, back when China started producing and selling their "cheap" steel, not now, when people have been so accustomed to it. It seems a little too late and now a tariff will effect way more jobs negatively in the US then it does positively.
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